How will future retirees fare? The OECD report Preventing Ageing Unequally examines how the two global megatrends of population ageing and rising inequalities have been developing and interacting, both within and across generations. Taking a life-course perspective the report shows how inequalities in education, health, employment and income interact, resulting in large lifetime differences across different groups. Drawing on good practices in OECD countries, it suggests a policy agenda to prevent inequality before it cumulates; mitigate entrenched inequalities; and cope with inequality at older ages. The report points to strong policy complementarities and synergies and thus a whole-of-government approach is likely to be much more effective than a series of separate inequality reducing policies. In particular, to ensure a better retirement for all, policies have to be coordinated across family, education, employment, social ministries and agencies.
This report is accompanied by country specific highlights, including on Australia. Key themes for Australia are the inequalities in income and health and large regional differences.